What Should a Retirement Plan Really Cost?

Understanding the multitude of fees and expenses attributable to a retirement plan or investment program has become increasingly difficult over the past decade.

One visible illustration of the complexity of fees is the dramatic growth in mutual fund share classes; many funds are now offered in four or more ‘classes’ that are only differentiated by their internal fee structure and revenue-sharing programs.

Through our years of experience in the investment industry, we have developed significant expertise in the understanding of these fees and associated revenue-sharing programs that have become prevalent throughout the industry but often are not fully disclosed to clients. In fact, many plan sponsors are unaware of the magnitude or existence of these fees, and yet frequently they are being deducted indirectly from the plan assets.